COURSE MANUL: Title: International Economics Edition: 11 Author: Salvatore Publisher: Wiley ISBN: 9781118546048 Course: ECON310 Key Assignment Draft As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee. You also need to put a plan in place to overcome it. Assume that your business is visible and an important member of the community. Would the government encourage a decision to expand? How would it affect the reputation of the business? Here is what the list looks like. Your assignment is to fill in the table. Risk Importer Exporter L/M/S How to Overcome It Economic conditions Fluctuations in industry Competition Technological change Change in preferences Costs and expenses Regulations Expropriation Interest rates Government monetary policy Government fiscal policy Internal and external wars Difference in culture and religion Ownership of factories and property Human resource restrictions Intellectual property Discrimination Red tape and corruption Blockage of funds or capital accounts Change in government Comment on whether the U.S. government would support a business owner's decision to expand internationally or import in light of the balance of payments and how the move internationally may affect the business's reputation as a local small-business owner. .